In times of increasing litigation, the need for adequate liability insurance coverage for individuals and corporate bodies has never been greater. No business is immune, and the consequences can be devastating.
Company directors and officers are subject to substantial risk of personal liability associated with their management responsibilities to the company and its shareholders. Professionals are accountable to a multitude of third parties for the type and quality of services rendered, which can put them at considerable personal financial risk. And companies are also at substantial risk from internal and external fraud.
ACE’s Financial Lines offers a comprehensive suite of Directors & Officers Liability, Professional Indemnity and other Financial Lines business insurance products, specially designed to meet these demands. These are delivered by our dedicated team of professionals, who draws on over 60 years of experience, and are backed by our strong local presence, international reach, and stable, high net line capacity.
- Customization of policy to specific needs
- Up to US$10 million capacity for Professional Indemnity insurance and up to US$25 million capacity for all other Financial Lines insurance products
- Dedicated Financial Lines claims handling expertize
- Multinational global risk management policy issuance ability where required
- Good financial strength rating of 'A+/Stable’ from Standard & Poor's; the first local insurance company to be assigned the ‘axAAA’ rating on the Standard & Poor's ASEAN regional credit scale